Hahn & Co. initially invested in SK Shipping in 2018, acquiring an 83.65% stake in the business for approximately $1.0 billion as part of the PE firms’ strategy to invest in the shipping sector. Companies: HMM,

It is not often that we hear about a deal getting done in a one-month window. Of course, we have seen deals cross the finish line quickly, especially in markets like Norwegian bonds when the market has an endless appetite as it has recently. Companies: BlackRock, CK Hutchison, Goldman Sachs, Citigroup, S&P Global, Blackstone, KKR, Global Infrastructure Partners, Mediterranean Shipping Company (“MSC”), Terminal Investment Ltd

As we have discussed previously, the recent trends in shipping seem to point to more companies going private, or at the very least staying private. Companies: Euroseas, Euroholdings, Costamare Inc, Costamare Bulkers Holdings Limited, Morgan Stanley, Cravath, Swaine & Moore, Neptune Maritime Leasing, New York Stock Exchange

The past five years have given us black swan after black swan. As mentioned at our Marine Money forum in New York City in November 2024, the current shipping environment can be described as a pond full of them. Companies: Danaos, Citigroup, BNP Paribas, Alpha Bank, Credit Agricole CIB, Eurobank, KfW-Ipex, Bank of America, SEB, UBS, E.Sun, Norton Rose Fulbright , Hapag-Lloyd, the Yangzijiang, Dalian and Huangpu Wenchong

What financing sources are owners taking advantage of today? One is clearly the bond market, which remains open for both new issuances. Companies: Ocean Yield , MPC Container Ships, Arctic Securities, Pareto Securities, Clarksons Securities and Fearnley Securities, Stena AB, Stena International, Hapag-Lloyd, Danaos, Star, KfW IPEX-Bank , Carisbrooke Shipping, Frontline Ltd, ING, First Citizens, Crédit Agricole, SEB, EnTrust, Hayfin , Nordic American Tankers

John Fredriksen has historically been more of buyer than a seller. In recent years, though, the GOAT has been doing some divesting - and not surprisingly he’s been fetching premium valuations. Companies: DNB Markets, Schjødt AS, Golden Ocean Group Limited, CMB.Tech (“CMBT”), Euronav, Avance Gas, BW LPG, EXMAR LPG

There have been many significant movements in the macro-outlook for shipping, largely caused by an influx of new geopolitical concerns, and it was all the talk at Marine Money Hamburg last week, as discussed in the summary below. Companies: Ocean Yield ASA, Nordea, Arctic Securities

In Q4 of 2024, we released a whitepaper on Maritime Venture Financing, where we illustrated a snapshot of the current venture investing spectrum as well as the startup trends we have seen over the last couple of years. Companies: TMV, theDOCK, Motion Venture

The United States has created numerous humanitarian programs throughout many years. These programs deliver a wide assortment of commodities to other nations in need around the globe. Companies: Food for Peace , United States Agency for International Development, Bill Emerson Humanitarian Trust , Food for Progress, McGovern-Dole International Food for Education and Child Nutrition, United States Department of Agriculture , Department of Defense , Commodity Credit Corporation , Maersk Line Ltd, Matson, APL, Liberty Maritime, MARAD, Government Accountability Office

Last week, the ballroom of the Grand Elysée hotel in Hamburg was packed with nearly 500 guests for our 23rd Marine Money conference in the Hanseatic city.

This week we received Dealogic’s “Marine Finance Rankings Syndicated Loans—Fourth Quarter 2024,” revealing reversals of trends substantiated through previous quarters, and revealing information about the debt and loan market in our industry throughout 2024.

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